Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers J > Headlines for JPMorgan Chase & Co. > News item |
JPMorgan plans two-year trigger PLUS tied to VanEck Gold Miners
By Susanna Moon
Chicago, Oct. 4 – JPMorgan Chase Financial Co. LLC plans to price 0% trigger Performance Leveraged Upside Securities due Oct. 22, 2020 linked to the VanEck Vectors Gold Miners ETF, according to a 424B2 filed with the Securities and Exchange Commission.
If the fund finishes above its initial level, the payout at maturity will be par plus 150% of the gain up to a maximum payment of at least $13.50 per $10 of notes.
If the fund falls by up to 20%, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
The notes will price on Oct. 18.
The Cusip number is 48130V665.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.